S. 2327 · 119th Congress
Federal Reserve Transparency Act of 2025
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R
PaulSponsor6 cosponsors · 6 R
6 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill directs the Government Accountability Office (GAO) to complete an audit of the Federal Reserve Board and Federal Reserve banks not later than 12 months after enactment.
What it does: CRS summary · Introduced in Senate · Jul 17, 2025
Federal Reserve Transparency Act of 2025
This bill directs the Government Accountability Office (GAO) to complete an audit of the Federal Reserve Board and Federal Reserve banks not later than 12 months after enactment. In addition, the bill allows the GAO to audit the Federal Reserve Board and Federal Reserve banks with respect to (1) international financial transactions; (2) deliberations, decisions, or actions on monetary policy matters; (3) transactions made under the direction of the Federal Open Market Committee; and (4) discussions or communications among Federal Reserve officers, board members, and employees regarding any of these matters.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Federal Reserve Transparency Act of 2025
Latest action (Dec 11, 2025): Committee on Homeland Security and Governmental Affairs. Hearings held.
Policy area: Finance and Financial Sector · Origin: Senate · Introduced: Jul 17, 2025
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.